Buildocrat US Land Value Book

Land and home values in Hancock County, Iowa

Hancock County (rural) covers 571 square miles and 4 census tracts. Residential land is about $2.42 per sq ft at the county median, from $1.78 in its most rural tracts to $3.00 in its most valuable. The typical home is worth about $120,000 and a 2-bedroom rents for about $925 a month, as of October 12, 2026.

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County values

Land: residential$2.42per sq ft
Land: residential$105,372per acre
Land: quarter-acre lot$26,34310,890 sq ft
Land: farmland$10,800per acre
Home: typical (median)$120,000value
Home: entry-level$83,000lower quartile
Home: upper-end$235,000upper quartile
Build new$194per sq ft, no land
Rent: 1-bedroom$745per month
Rent: 2-bedroom$925per month
Rent: 3-bedroom$1,180per month
Rent: 4-bedroom$1,540per month
Gross yield, 2-bed9.2%a year

Price tiers

TierTractsLand $/sq ftTypical homeRent 2-bed
Rural2$3.00$207,000$925
Farmland2$1.78$120,000$835

Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.

Highest-value places

PlaceTypeLand $/sq ftTypical home
HayfieldCommunity$3.41$170,000
MillerCommunity$3.37$208,000
GarnerTown$2.91$191,000
KanawhaTown$2.84$79,400
Crystal LakeTown$2.59$103,000
CorwithTown$2.44$59,600
WodenTown$2.29$77,700
DuncanCommunity$2.19$125,000

Questions people ask

How much is land worth in Hancock County, IA?

Residential land in Hancock County, IA is about $2.42 per square foot, or $105,372 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $26,343. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Hancock County, IA?

The typical (median) home in Hancock County, IA is worth about $120,000, with entry-level homes around $83,000 and upper-end homes around $235,000, as of October 2026.

How much is rent in Hancock County, IA?

A 2-bedroom rents for about $925 a month in Hancock County, IA, a 1-bedroom about $745 and a 3-bedroom about $1,180 (gross rent including utilities, HUD Fair Market Rent basis).

How much is farmland per acre in Hancock County, IA?

Farmland averages about $10,800 an acre in Hancock County, IA (USDA, including buildings), well below residential land.

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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